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Home›Business & Finance›DOF terminates vessel contract in Mexico due to payment default
Business & Finance

January 17, 2025 · about 1 year ago

DOF terminates vessel contract in Mexico due to payment default

Norwegian vessel owner DOF Group has terminated the contract for its subsea vessel Skandi Implementer in Mexico following the client’s payment default. In the announcement, DOF further revealed its plans to have the vessel fitted with two of its remotely operated vehicles (ROVs) and pursue opportuni

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DOF terminates vessel contract in Mexico due to payment default

Norwegian vessel owner DOF Group has terminated the contract for its subsea vessel Skandi Implementer in Mexico following the client’s payment default.

In the announcement, DOF further revealed its plans to have the vessel fitted with two of its remotely operated vehicles (ROVs) and pursue opportunities in the global subsea market.

The 2018-built Skandi Implementer was designed for subsea construction, inspection, repair and maintenance (IRM) and ROV services up to 3,000 meters of depth.

The 137.6-meter-long vessel offers accommodation to 129 persons.

In the last couple of months, DOF was busy with securing contracts in the APAC region. Namely, the company in August 2024 won an extension for its purpose-built dive support vessel (DSV) Skandi Singapore in Asia Pacific, followed by a new subsea decommissioning services contract award for the construction support vessel (CSV) Skandi Hercules .

In October, the Norwegian company secured a new long-term assignment for its platform supply vessel (PSV) Skandi Feistein off the coast of Australia, enabling it to remain in the country after wrapping up a five-year job with Esso Australia.

It was then in November reported that DOF Group was set to spend 150 days in APAC in 2025 as part of an IMR and associated subsea services contract award .

In terms of other news worth mentioning, DOF recently completed the purchase of Maersk Supply Service (MSS) , bringing its workforce to over 5,000 people and its fleet to 78 vessels, 65 of which are owned.

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